Orbite Appoints Director of Engineering
05 6월 2014 - 10:28PM
Marketwired
Orbite Appoints Director of Engineering
Company provides update on calcination system
MONTREAL, QUEBEC--(Marketwired - Jun 5, 2014) - Orbite Aluminae
Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Company") today
announced it has appointed Diane Néron as its new Director of
Engineering. The Company also provides a progress report on the
status of delivery of its calcination system.
Ms. Néron, who will initially be supporting the Company's
efforts to complete its 3 tonnes per day HPA facility at Cap-Chat,
Québec, was mandated to head the technical aspects of the Company's
waste monetization initiatives, including its engineering and
process optimization. Orbite's proprietary process enables the
extraction of valuable materials from a wide variety of industrial
waste sources, including red mud, fly ash and mine tailings. A
crucial step towards commercialization and one in which Ms. Néron
will play a key role, will be the conversion of the HPA facility to
the Company's proprietary chloride process, planned for 2015.
Ms. Néron, who will report to Denis Arguin, VP Engineering and
Operations, has over 25 years of engineering experience in the
materials, mining and metallurgy industries. Prior to joining
Orbite, she was a senior project manager with renowned engineering
and construction groups such as Bechtel and SNC-Lavalin. A member
of the Ordre des ingénieurs du Québec, she holds a Bachelor of
Science (B.Sc.) in Metallurgy from École Polytechnique de
Montréal.
Denis Arguin, Orbite's VP of Engineering and Operations, stated,
"In Diane, we have found someone who brings a great combination of
engineering expertise, leadership qualities and commercial acumen.
Her arrival is the first step in strengthening our engineering
capacity to drive our waste commercialization efforts. We see a
significant potential in producing valuable products such as rare
earths, rare metals and alumina from industrial waste, and Diane
will lead our technical efforts to capitalize on these
opportunities."
HPA project update - calcinator
Further to the Company`s press release of March 27, 2014, the
Company is pleased to report on progress with the construction and
delivery of its new calcination system.
Outotec Germany has completed fabrication of the calciner
discharge devices and is currently going through testing to confirm
the required specifications have been met. The first shipment from
Germany, containing the refractory for the decomposition and
calciner vessels, the decomposer feeding system as well as the
instrumentation and control system, is to leave next week, with
delivery on site in Cap-Chat anticipated for the last week of June.
The decomposer and calciner furnaces are being built by Outotec
Canada and are expected to arrive from Burlington, Canada during
the month August.
About Orbite
Orbite Aluminae Inc. is a Canadian cleantech company whose
innovative and proprietary processes are expected to produce
alumina and other high-value products, such as rare earth and rare
metal oxides, at one of the lowest costs in the industry, and in a
sustainable fashion, using feedstocks that include aluminous clay,
kaolin, nepheline, bauxite, red mud and fly ash. Orbite is
currently in the process of finalizing its first commercial
high-purity alumina (HPA) production plant in Cap-Chat, Québec and
has completed the basic engineering for a proposed smelter-grade
alumina (SGA) production plant, which would use clay mined from its
Grande-Vallée deposit. The Corporation's intellectual property
portfolio contains 15 intellectual property families, and the
Corporation owns the intellectual property rights to 11 patents and
66 pending patent applications in 10 different countries and
regions. The first intellectual property family is patented in
Canada, USA, Australia, China, and Russia. The Corporation also
operates a state of the art technology development center in Laval,
Québec, where its technologies are developed and validated.
Forward-looking statements
Certain information contained in this document may include
"forward-looking information". Without limiting the foregoing, the
information and any forward-looking information may include
statements regarding projects, costs, objectives and future returns
of the Corporation or hypotheses underlying these items. In this
document, words such as "may", "would", "could", "will", "likely",
"believe", "expect", "anticipate", "intend", "plan", "estimate" and
similar words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should not
be read as guarantees of future performance or results, and will
not necessarily be accurate indications of whether, or the times at
or by which, such future performance will be achieved.
Forward-looking statements and information are based on information
available at the time and/or the Corporation management's
good-faith beliefs with respect to future events and are subject to
known or unknown risks, uncertainties, assumptions and other
unpredictable factors, many of which are beyond the Corporation's
control. These risks uncertainties and assumptions include, but are
not limited to, those described in the section of the Management's
Discussion and Analysis (MD&A) entitled "Risk and
Uncertainties" as filed on May 13, 2014. The Corporation does not
intend, nor does it undertake, any obligation to update or revise
any forward-looking information or statements contained in this
document to reflect subsequent information, events or circumstances
or otherwise, except as required by applicable laws.
Investor Relations:TMX EQUICOMMark Lakmaaker, External Investor
Relations Consultant1-800-385-5451, ext.
248mlakmaaker@tmxequicom.comMedia Inquiries:TMX EQUICOMShaun Smith,
External Media Relations Consultant1-800-385-5451, ext.
252ssmith@tmxequicom.com
Orbite Technologies (CE) (USOTC:EORBF)
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